Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $22,936
28%  
Woo hoo!! And we're now over 28%!! Thank you all very much!! God bless.

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  • New York Times Lowers Guidance

    12/02/2004 7:47:20 AM PST · by Pharmboy · 28 replies · 1,079+ views
    AP ^ | Dec 2, 2004 | Anon
    NEW YORK (AP) - The New York Times Co. told investors Thursday that its fourth quarter and full-year earnings would come in below Wall Street estimates on weaker-than-expected advertising in the fourth quarter and higher costs for promotion, printing, distribution and newsprint. The company also said it would begin expensing the cost of stock options and its employee stock purchase plan. It also said that it would no longer provide estimates for full-year earnings, focusing instead on quarterly estimates, due to the greater uncertainty in the current environment for media companies. The company, which also publishes The Boston Globe and...